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Nevada Council on Problem Gambling says 20% of college students use financial aid for betting

March 18, 2024 - At least one-fifth of college students tap into their financial aid funds for betting, according to Nevada Council on Problem Gambling statistics. The NCAA men’s basketball tournament is the largest... Read more »

Mohegan appoints Ari Glazer as chief financial officer

March 11, 2024 - Mohegan Monday announced the appointment of Ari Glazer as chief financial officer. Glazer has more than 20 years of experience in investment banking, and will be responsible for planning, analysis,... Read more »

Loto-Quebec’s latest financial results show dip in revenue

February 29, 2024 - According to the latest quarterly financial report issued Wednesday by Loto-Québec., between April and Dec. 25, 2023, the crown corporation posted $2.1 billion in total revenues and a net income... Read more »

FDJ clears Swedish financial audit to proceed with €2.6B acquisition of Kindred

February 19, 2024 - Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc.... Read more »

‘A really bad financial deal’: Fairfax County Board members react to proposal for casino in Virginia’s D.C. suburbs

January 27, 2024 - On Friday, it became clear that the opposition to the potential for a casino to come to Fairfax County was more widespread than the several community groups who have vocalized... Read more »

Former Tak Chun Group boss Levo Chan sees prison sentence reduced but financial penalties increased by Macau court

January 11, 2024 - Macau’s Court of Second Instance has reduced the prison sentence of former Tak Chun Group chairman Levo Chan by 12 months to 13 years and determined he does not need... Read more »

Ohio provides financial counseling for those who struggle with problem gambling

December 28, 2023 - Providing quality assistance for people who struggle with gambling-related behavioral issues requires a whole-person approach. Ohio’s Casino Control Commission (OCCC) has taken a step in that direction for such people... Read more »

Las Vegas: Was Grand Prix a financial hit? Gaming numbers will offer clearer picture

December 26, 2023 - Two of the reports we have been waiting to see for months arrive this week. At the end of every month, the Nevada Gaming Control Board releases gaming win statistics... Read more »

New Hampshire: Casino owner’s financial experts raised red flags over their pandemic loan

December 26, 2023 - As Concord Casino owner and former state Sen. Andy Sanborn awaits a decision on the fate of his state gaming license, an affidavit and emails he and his wife, state... Read more »

UK Gambling Commission seeks “greater clarity” from stakeholders for financial white paper proposals

December 18, 2023 - The UK Gambling Commission (UKGC) has begun its next set of consultations examining the government’s white paper proposals which cover financial penalties and financial key event reporting. The consultations –... Read more »